BUSINESS
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GTBank To Reward Mobile Banking Customers With 100k
Foremost financial Institution; Guaranty Trust Bank (GTBank), has launched the #GTBankMobileWin100k competition to reward its mobile banking customers by availing…
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Revealed: Nestle, local farmers use Africans for child slave labour
A U.S. Supreme Court’s refusal to dismiss a lawsuit seeking to hold Nestle, the world’s largest food maker, accountable for…
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Oil prices fall below $30 a barrel
US crude prices fell below $30 a barrel for the first time in 12 years on Tuesday as OPEC member…
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Commercial Banks resume acceptance of Foreign Currency deposits into Domiciliary Accounts
The Central Bank of Nigeria (CBN) has lifted the ban on foreign currency deposits into domiciliary accounts. The directive was…
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CBN stops sale of forex to BDCs
The Central Bank of Nigeria, CBN, has stopped, with immediate effect, the sale of foreign exchange, forex, to Bureaux de…
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EFCC Arrests Emeka Mba over Status of NBC’s TSA Compliance
The Economic and Financial Crimes Commission (EFCC) monday arrested the Director General of the National Broadcasting Commission (NBC), Mr. Emeka…
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MTN Acquires Visafone Communications
MTN has confirmed the acquisition of Nigerian mobile network operator, Visafone Communications, for an undisclosed sum. “The acquisition of Visafone…
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Banking Stocks Records Huge Loss in 2015
Nigerian Banking stocks were hit badly in 2015 as 13 banking and three bank affiliate stocks record huge decline of N853.820…
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Nigerian Stock Market Loses N555billion in First Trading Week
Transactions on the Nigerian Stock Exchange, NSE, kick started the year 2016 on negative note run as 190 equities listed declined by…
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MTN, NCC play waiting game
MTN and the Nigerian Communications Commission (NCC) are both awaiting a decision by Nigeria’s courts over a $3.9 billion (R60…
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